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in tax hikes and then once re-elected he doubled it. even if he gets that higher amount, we did some calculations, that is only going to pay for about 16 days of government spending. aren't taxes insignificant compared to entitlement reform which you and i were talking about, president obama promised he would tackle it in his first term? >> entitlement vessel basically everything which is another reason going off the cliff in the long term is not going to be that beneficial. there is nothing in the peelts for going off the cliff that address our long term entitlement problems. you still have that problem. >> gregg: i apologize you. we have breaking news we have to get to. jamie weinstein, thanks. >> heather: news conference going on in irving, texas where the police department is talking about a car accident that has left one dallas cowboys teammate dead and another behind bars. let's listen. >> okay. the irving police department is investigating a single fatality accident involving two dallas cowboy football players. at approximately 2:21 this morning, joshua brent was traveling wes
their positions, and to basically refuse to take yes for an answer. the republicans immediately after the election said, we are going to give on this revenue thing, we're going to have to raise revenues, the question is how are we going to do it? and the obama administration almost like a character from "seinfeld" said we are going to do this out of spite and said we are going to have to raise the rates rather than do this loophole closing thing and all of the rest. the problem with that is that presidents get very few do officer, one ever the few that they get is right after an election they can change the tone, they can sort of start over and instead of doing that and trying to figure out how to fulfill this promise that obama has always made about being bipartisan he's decided just to sort of do the same thing he did with the stimulus, which is to try to steam roll the republicans, to crush them, to placate his base, and it has the potential to create another four years of partisan whommer and tong fighting in washington. jon: i wanted to get your reaction to what the treasury secretary had to
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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